Job Title:
Capital Markets Operations AnalystLocation:
CA - Westlake VillageWhat you'll do:
The Capital Markets Operations Analyst owns key post trade processes supporting mortgage backed securities (MBS), whole loan sales, and related hedging activity. This role is critical to ensuring accurate trade capture, pooling, settlement, and reconciliation while maintaining strong internal controls and regulatory compliance.The analyst partners closely with Traders, Financial Engineering, Accounting, agency counterparts, dealer counterparties, and custodians to ensure timely and accurate execution across the full trade lifecycle, including the creation and delivery of GNMA, Fannie Mae, and Freddie Mac securities.
This role offers hands on exposure to securitization, agency execution, and capital markets risk within a large, bank owned mortgage platform.
- Aggregate and pool eligible loans into GNMA, Fannie Mae, and Freddie Mac securities in accordance with agency guidelines
- Own post‑trade processing for MBS, mortgage‑related derivatives (including TBAs, futures, and swaps), and whole loan transactions, including trade capture validation, position management, settlement, and reconciliation
- Prepare, validate, and submit pool and delivery data to agencies and custodians
- Maintain accurate loan and security position records and investigate data breaks, settlement fails, and other operational discrepancies across the trade lifecycle
- Ensure compliance with SOX controls, documentation standards, and internal audit requirements
- Partner with internal teams to resolve exceptions and improve operational processes
- Support securitization data preparation by monitoring data quality, completeness, and lineage
- Support margin/collateral processes as needed, including coordinating with counterparties and internal teams
What you'll need:
- 3+ years of related experience.
- Bachelor's degree in related field required.
- Entry level knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.
- Entry level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- SQL experience preferred.
- Intermediate speaking and writing communication skills.
Benefits you’ll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [email protected] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
Skills Required
- 3+ years of related experience
- Bachelor's degree in a related field
- Entry-level knowledge of the residential mortgage industry, including correspondent or retail lending, sales, operations, capital markets, or related mortgage products
- Entry-level knowledge of applicable regulatory and legal compliance obligations, rules, regulations, industry standards, and practices
- SQL experience
- Intermediate speaking and writing communication skills
Western Alliance Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Western Alliance Bank and has not been reviewed or approved by Western Alliance Bank.
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Strong & Reliable Incentives — Feedback suggests annual bonuses are broadly available and can materially lift total compensation when business conditions are favorable. Participation spans many roles beyond executives.
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Equity Value & Accessibility — Equity grants are described as widely accessible to employees at multiple levels, adding long‑term value to the package. This breadth helps align employees with company performance.
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Retirement Support — The 401(k) program is positioned as a standout with an employer match structure viewed as stronger than common offerings. Automatic enrollment reinforces accessibility and participation.
Western Alliance Bank Insights
What We Do
Western Alliance Bancorporation (NYSE: WAL) is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by banking and mortgage experts who put customers first. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.
